3 ms·
1 = x 1/100,000,000 = x/100,000,000 "stacking sats" is a common phrase so it's not really a secret that a bitcoin can be subdivided. In fact, a lot of bitcoin
by Graffur 5y ago
1 = x
1/100,000,000 = x/100,000,000
"stacking sats" is a common phrase so it's not really a secret that a bitcoin can be subdivided. In fact, a lot of bitcoin supports would support people learning this fact.
- texaswhizzle 5y agoThere is nothing special or important about a single entire Bitcoin. It’s completely arbitrary. The question is whether Bitcoin is scarce. If there are millions of trillions of tradeable assets, it’s not scarce.
- baby 5y agoIf most of it is locked in someone else’s account and they won’t sell it to you: it is scarce. If nobody wants to buy it: it’s not scarce. Scarcity is based on supply and demand, not on a single number.